Alvotech Lauds Development, Manufacturing Platform As Ustekinumab Wins US Approval

Commercial Partner Teva Eyes Launch In February 2025 For Rival To $7bn Blockbuster

Alvotech’s high confidence for FDA approval for its Stelara biosimilar has been justified, as the Icelandic firm announced only the second US approval for a rival to J&J’s Stelara powerhouse brand, ahead of market formation in 2025.

FDA approved
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Alvotech has secured US Food and Drug Administration approval for its Selarsdi (ustekinumab-aekn) subcutaneous injectable biosimilar to Stelara, the Icelandic firm’s second major US biosimilar approval in the last two months and a significant boost for its commercialization partner Teva ahead of expected launch in February 2025.

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